Renew East Lyme Inc
- Assets
- $126.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Niantic, CT
- Founding
- 10/2001
- Data as of
- 06/2023
- EIN
- 31-1779945
Organization Overview
Renew East Lyme Inc is located in Niantic, CT. The organization was established in 2001. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Renew East Lyme Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Renew East Lyme Inc generated $70.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $69.5k during the year ending 06/2023. While expenses have increased by 8.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROMOTE AND IMPLEMENT DOWNTOWN COMMERCIAL CENTER REVITALIZATION EFFORTS IN THE VILLAGES OF THE TOWN OF EAST LYME.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Daniel Walsh President | 5 | $0 | |
Susan Kumro Vice President | 5 | $0 | |
Teri Smith Treasurer | 5 | $0 | |
Carol Faye Secretary | 5 | $0 | |
Rosemary Vann Director | 0 | $0 | |
Dana Chapel Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,734 |
| Total Program Service Revenue | $62,713 |
| Membership dues | $0 |
| Investment income | $21 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $70,468 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $2,511 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $2,506 |
| Printing, publications, postage, and shipping | $911 |
| Other expenses | $63,539 |
| Total expenses | $69,467 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $113,380 |
| Other assets | $0 |
| Total assets | $126,688 |
| Total liabilities | $1,669 |
| Net assets or fund balances | $125,019 |